Trusted by businesses across Lebanon to simplify financial operations, stay compliant with local laws, and gain real-time visibility into their finances.
The Lebanese Chart of Accounts (Plan Comptable Général Libanais) is the standardized account structure mandated for businesses operating in Lebanon, based on the French PCG model. It organizes accounts into seven classes covering equity, fixed assets, liabilities, revenues, and expenses — and must be maintained in both LBP and foreign currencies simultaneously.
Azkatech pre-configures the full Lebanese Chart of Accounts inside Odoo, including account hierarchies, tax mapping, and MoF-compliant account coding. Businesses start with a ready-to-use structure that satisfies Lebanese regulatory requirements and IFRS standards from day one.
Lebanese accounting is governed by the Ministry of Finance, aligned with LACPA standards, and subject to IFRS requirements — all while operating across Lebanese pounds and foreign currencies in a volatile economic environment. Azkatech has built a complete Lebanese accounting system on top of Odoo ERP that addresses this complexity directly. From the Lebanese Chart of Accounts to multi-rate currency handling, split VAT logic, and mandatory MoF reporting, every requirement is pre-configured and ready to use. No customization from scratch, no compliance gaps.
Multi-Exchange Rate Handling
Apply official, bank, Sayrafa rates per transaction type.
Split VAT Payment Logic
Separate USD invoices from LBP VAT and generate per-currency partner statements.
Postdated Check Management
Manage check lifecycle with temporary accounts and automated reconciliation.
Top 10 Reporting Compliance
Auto-generate MoF-compliant reports of top customers and suppliers.
Partner Role Separation
Assign distinct accounts for the same partner acting as customer, supplier, or asset vendor.
Quarterly VAT Automation
Auto-calculate VAT due, generate draft journal vouchers, and streamline declarations.
Multi-Currency Journal Entries
Track entries in LBP and foreign currencies with counter values and rate-specific logs.
Triple-Currency Financial Reporting
Generate P&L, balance sheets, and cash flow in up to three currencies.
Lebanese accounting regulations require businesses to produce a specific set of legal and management reports for MoF submission and audit readiness. Azkatech’s Odoo localization generates all required reports natively, in up to three currencies
| Legal & Management Reporting | |
|---|---|
| Profit & Loss | General Ledger |
| VAT and Tax Reports | Aged Receivable/Payable |
| Cash Flow Statement | Balance Sheet |
| Consolidated Journals | Trial Balance |
Local CoA, VAT logic, MoF reports
Consolidated financials and inter-company rules
Access anytime with automation and digitization
Fully linked with Sales, Purchase, HR, Projects, Payroll, etc.
Supports hierarchies, multiple plans, and cost centers
Control access by department, user level, or reporting needs
Azkatech’s Lebanese localization for Odoo ERP delivers a compliant and fully featured accounting solution tailored to Lebanese regulations. Designed to simplify complex requirements, our system ensures accurate, fast, and insightful financial operations.
Based on Google’s Material Design for ease of use
AI-driven invoice generation and OCR-powered bill digitization
Aged receivables, follow-ups, and self-service customer portal
Forecasts, PO-to-bill tracking, and digital invoice management
